Under Armour (NYSE:UAA) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of (0.07)-(0.06) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.04). Under Armour also updated its FY18 guidance to $0.14-0.19 EPS.
Several research firms recently weighed in on UAA. Wells Fargo & Co cut their price target on shares of Under Armour to $11.00 and set an underperform rating on the stock in a report on Tuesday, October 31st. Credit Suisse Group boosted their target price on shares of Under Armour from $12.02 to $12.25 and gave the company a neutral rating in a research note on Tuesday, November 7th. Buckingham Research started coverage on shares of Under Armour in a research note on Friday, January 5th. They issued a neutral rating and a $17.00 target price on the stock. Vetr cut shares of Under Armour from a sell rating to a strong sell rating and set a $12.00 target price on the stock. in a research note on Monday, December 11th. Finally, Macquarie cut shares of Under Armour from a neutral rating to an underperform rating and dropped their target price for the company from $10.00 to $8.00 in a research note on Tuesday, January 16th. Nineteen equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company. Under Armour has a consensus rating of Hold and an average target price of $14.71.
Shares of Under Armour (UAA) opened at $17.76 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.16 and a current ratio of 2.20. The firm has a market cap of $7,376.34, a P/E ratio of -147.99, a P/E/G ratio of 5.39 and a beta of -0.04. Under Armour has a twelve month low of $11.40 and a twelve month high of $23.46.
About Under Armour
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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